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December 7, 2017

California wildfire claims reach $9B

SACRAMENTO, Calif. (AP) — The wildfires that ravaged Northern California wine country two months ago have generated $9 billion in insurance claims, far more than the single costliest fire in U.S. history, officials said Wednesday.

The figure is not likely to increase much more, California Insurance Commissioner Dave Jones said. It represents residential, commercial, automobile and other property claims filed with 260 insurers by Dec. 1.


 
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